The Rise in Scale and Frequency of Natural Disasters
Older readers will remember a time when natural disasters were significant events. Today, they seem all too common. Does it feel like it is getting worse? It is! As the global economy stretches beyond...
The Age of Polycrisis
Welcome to the age of polycrisis. This is the age when what we once imagined as topics of dystopian fantasy has become the present daunting reality. It is where the predictable outcomes and arrangements...
The Recurring Debt Limit Crisis – Kicking the Can Down the Road
On Friday, the US Secretary of the Treasury, Janet Yellen, warned the US must take “extraordinary measures” to avoid defaulting on its debt as soon as January 19. Yellen explained she would impose those...
The Wagner Group – The Russian Bad Guys Coming Out of the Shadows
The Russian mercenary organization, the Wagner Group, is no longer hiding in the shadows. A recent Washington Post report detailed the acknowledgment and accolades poured upon the Wagner Group by Russian state media for...
Fighting Returns to Libya
The truce and political stalemate that suspended fighting in Libya’s civil war for nearly two years may have toppled into calamity over the weekend. On Saturday, more than 30 people were killed and 150...
Bank Runs and Mortgage Boycotts – The Face of China’s New Economic Crisis
In the west, current events stories featuring China tend to focus on geopolitical risk in Taiwan, its Covid Zero strategy, or even the historic drought the country is enduring. But the global economy’s production...
What is going on in Sri Lanka – A Sign of Things To Come
Protesters occupying the head of the government’s residence. Skyrocketing inflation. Fuel prices more than doubling. Food and medicine shortages. The president of Asia’s oldest democracy flees the country and sends his resignation by email....
This Is What Happens In An Economic Crisis – Lessons from History and What...
US inflation is rising. In March, US inflation rose to 8.5%, compared to 2.6% one year earlier. We can expect that number to keep ascending as the fallout of supply chain shortages, rising food...
This Is What Happens In An Economic Crisis – Lessons from History and What...
This article on the 2022 Economic Crisis was broken into two parts because we all know the other guys can’t handle reading more than the headlines and a short bit of the article. If...
A Cloud of Devastation Moves Across East Africa
The crises are accumulating in East Africa, with no end in sight. The famine in East Africa is the latest and deadliest pinnacle of this chaos.
As agriculture experts warn that March and April recorded...